Real estate values are up compared to last year, but sales were down in February, according to statistics released by the Heartland Association of Realtors.  Details below.

Median Sales Price:  $219,000 – up 10.9% vs. February 2023

Median Price per Square Foot:  $154.53 – up 24.1%

Number of Closed Sales:  19 – down 36.7%

Closing Price/Original List Price:  89.4%

Active Listings:  169 – up 28.0%

Months of Inventory:  4.7 – up 1.2 months

Days on Market:  79 – up 29 days

Days to Close:  39- up 8 days

Total Days:  114 – up 37 days

Median Home Size:  1,512 square feet

Median Year Built:  1975

Sales Price Distribution:

less than $100,000:  100.5%

$100,000 – 199,999:  26.3%

$200,000 – 299,999:  31.6%

$300,000 – 399,999:  5.3%

$400,000 – 499,999:  15.8%

$500,000 and up:  10.6%